what is the procedure after changing the scheme either from composition to regular or vice versa ?
e. g:- a client opted composition scheme from July to Nov and after that he switched to regular then on what basis return should b filed and what other procedures need to b complied?
Note :- The relevant client has already filled Q1 under composition, so what next to do
Ans the above query by taking aforesaid eg.
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return file
Replies (4)
First u hv to file stock details on the date of opting out from composition by filling ITC4 and then now file ur regular return gstr3b and gstr1
if no stock detail exist then?
If u want to claim itc on ur closing stock then u should hv file closing stock details... Otherwise file nil stock details
okz ....
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